3 things to remember when choosing the perfect auto insurance discount

When it comes to the ideal car insurance, there are many things to consider to ensure that you and your vehicle are fully protected. One of the most important choices is what deductible you want for your policy. This decision will greatly affect your monthly premium and the amount you will have to pay out of pocket in the event of an accident. Use the following three tips to help you choose the perfect auto insurance deductible.

Choosing the perfect auto insurance discount

Car accident | Getty Images

An auto insurance deductible is the amount of money you, the policyholder, are responsible for paying out of pocket in the event of an accident before your insurance company steps in. In other words, it’s the amount you have to pay if you ever have to make a claim. Choosing the right deductible can be tricky – set it too low and you could be paying too much for your coverage, but set it too high and you may not be able to afford your payments if you make a claim.

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